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News ReleaseAir Products Announces Price Increase for North American Liquid and Bulk Industrial Gas Products

February 15, 2017 Lehigh Valley, Pa.

Effective March 1, 2017, or as contracts permit, Air Products (NYSE: APD) will increase product pricing for merchant customers in North America. The pricing adjustments include increases of:

     - Up to 20% for liquid argon

     - Up to 15% for liquid oxygen, liquid nitrogen, liquid and
        bulk hydrogen

     - Up to 10% for liquid carbon dioxide, liquid and bulk

Based on specific situations, some price adjustments may be outside of these ranges.

These price adjustments are in response to increased operating costs and will also support continued investments to improve the reliability, security, and safety of Air Products’ operations.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2016.

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Contact Information

  • Press Contact
    Art George
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
  • Investor Contact
    Simon Moore
    (610) 481-7461
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
    (610) 481-2729
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